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What do we mean by a neighborhood?
NeighborhoodScout® uses the official government designation for neighborhoods - the census tract.
Census tracts are small, relatively permanent subdivisions of a county that are defined by the U.S. Census Bureau in conjunction with local authorities all across the country to define real neighborhoods that are bounded to contain areas with homogeneous population characteristics (including economic status, lifestyle, and living conditions). Census tracts usually have 4,000 persons, but can range between 1,500 and 8,000 persons. This is the most fine-grained area for which detailed information is made available from the government, to protect the individual privacy of each of us. Because census tracts are based on population, they vary in size depending on the density of settlement. In urban areas, they are small, and in rural areas they can cover an entire small town or even a few small towns in very rural areas.
Since census tracts are subdivisions of a county, we did a spatial overlay of the census tracts onto city and town boundaries using a geographic information system to properly assign each census tract to its appropriate city or town. Then we named each census tract to the local colloquially recognized neighborhood name for that spot (e.g., Boston, MA (Dorchester). If there was not a name available, we named the census tract by the largest street intersection in the census tract (e.g., Worcester, MA (Lincoln St/Plantation St)
Why we don't use Zip Codes as neighborhoods
Zip codes were developed by the Postal Service for the purpose of delivering mail, but were never intended to define coherent neighborhoods. In addition, Zip Codes can have as many as 10 distinctly different census tracts contained within them. When distinct census tracts are blended together in a single Zip Code, the data reflects their average conditions and often gives a false sense of the area. The result is that potentially great matching neighborhoods can be missed, and erroneous matches can also be produced and delivered to you.
Using census tracts makes great matches possible, and helps people find the areas that are best for them and their families. Because we are committed to providing the highest possible quality and finding the neighborhoods that best meet your criteria, we use census tracts. And, as always, we show you the actual street map of the neighborhood so you know exactly where your best matching neighborhood is located.
What is a Condition Alert?
A condition alert is a condition in the neighborhood that triggers an alert. NeighborhoodScout contains condition alerts to highlight conditions that are extreme, whether good or bad. This helps answer crucial questions about the state of the neighborhood being evaluated, such as:
What are the risks of violent crime here?
Is the risk of home break-ins or other property crimes increasing?
Does real estate here hold its value?
Are the trends in local vacancies or unemployment concerning?
...and dozens more.
Information at a glance that you need to know to invest, appraise or finance a property.
Arroyo Seco - Taos Ski Valley is a very small town located in the state of New Mexico. With a population of 3,541 people and just one neighborhood, Arroyo Seco - Taos Ski Valley is the 50th largest community in New Mexico.
Arroyo Seco - Taos Ski Valley home prices are not only among the most expensive in New Mexico, but Arroyo Seco - Taos Ski Valley real estate also consistently ranks among the most expensive in America.
Occupations and Workforce
Arroyo Seco - Taos Ski Valley is a decidedly white-collar town, with fully 97.13% of the workforce employed in white-collar jobs, well above the national average. Overall, Arroyo Seco - Taos Ski Valley is a town of sales and office workers, professionals, and service providers. There are especially a lot of people living in Arroyo Seco - Taos Ski Valley who work in office and administrative support (18.09%), sales jobs (16.26%), and art, media, and design (11.50%).
Of important note, Arroyo Seco - Taos Ski Valley is also a town of artists. Arroyo Seco - Taos Ski Valley has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Arroyo Seco - Taos Ski Valley’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 16.26% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Setting & Lifestyle
Another notable thing is that Arroyo Seco - Taos Ski Valley is a major vacation destination. Much of the town’s population is seasonal: many people own second homes and only live there part-time, during the vacation season. The effect on the local economy is that many of the businesses are dependent on tourist dollars, and may operate only during the high season. As the vacation season ends, Arroyo Seco - Taos Ski Valley’s population drops significantly, such that year-round residents will notice that the city is a much quieter place to live.
It is a fairly quiet town because there are relatively few of those groups of people who have a tendency to be noisy. (Children, for example, often can't help themselves from being noisy, and being parents ourselves, we know!) Arroyo Seco - Taos Ski Valley has relatively few families with children living at home, and is quieter because of it. Renters and college students, for their own reasons, can also be noisy. Arroyo Seco - Taos Ski Valley has few renters and college students. But the biggest reason it is quieter in Arroyo Seco - Taos Ski Valley than in most places in America, is that there are just simply fewer people living here. If you think trees make good neighbors, Arroyo Seco - Taos Ski Valley may be for you.
As is often the case in a small town, Arroyo Seco - Taos Ski Valley doesn't have a public transportation system that people use for their commute.
Demographics
The education level of Arroyo Seco - Taos Ski Valley ranks among the highest in the nation. Of the 25-and-older adult population in Arroyo Seco - Taos Ski Valley, 46.09% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.
The per capita income in Arroyo Seco - Taos Ski Valley in 2022 was $42,528, which is wealthy relative to New Mexico, and upper middle income relative to the rest of the US. This equates to an annual income of $170,112 for a family of four. However, Arroyo Seco - Taos Ski Valley contains both very wealthy and poor people as well.
Arroyo Seco - Taos Ski Valley is an extremely ethnically-diverse town. The people who call Arroyo Seco - Taos Ski Valley home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Arroyo Seco - Taos Ski Valley residents report their race to be White. Arroyo Seco - Taos Ski Valley also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 45.48% of the town’s residents. Important ancestries of people in Arroyo Seco - Taos Ski Valley include English, Scottish, Irish, German, and Italian.
The most common language spoken in Arroyo Seco - Taos Ski Valley is English. Other important languages spoken here include Spanish and Italian.
Notable & Unique Neighborhood Characteristics
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Arroyo Seco - Taos Ski Valley, the neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
People
In a nation where 1 out of every 4 children lives in poverty, the neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, divorcees may find friendship and understanding in this neighborhood, as 21.4% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 97.1% of the neighborhoods in America.
Also, one of the really interesting characteristics about the neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 3.1% of college-friendly places to live in the state of New Mexico. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for active retirees.
Occupations
The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 15.3% of its workforce, this neighborhood has a greater concentration of government workers than 97.4% of U.S. neighborhoods.
Real Estate
Vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 36.1% of the residential real estate vacant, the neighborhood claims the distinction of having a higher vacancy rate than 97.0% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.
In addition, this neighborhood has wide open spaces, few people, and lots of space to stretch out. If you like locations that fit that description, you may like this neighborhood. Based on NeighborhoodScout's exclusive analysis, with only 44 people per square mile living here, this neighborhood is less crowded than 90.3% of America.
Diversity
Did you know that the neighborhood has more Scottish and Welsh ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 18.9% of this neighborhood's residents have Scottish ancestry and 5.5% have Welsh ancestry.
The Neighbors
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the neighborhood in Arroyo Seco - Taos Ski Valley are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 44.4% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the neighborhood, 39.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 32.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (25.5%), and 15.3% in government jobs, whether they are in local, state, or federal positions.
Languages
The most common language spoken in the neighborhood is English, spoken by 73.0% of households. Some people also speak Spanish (27.0%).
Ethnicity / Ancestry
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the neighborhood in Arroyo Seco - Taos Ski Valley, NM, residents most commonly identify their ethnicity or ancestry as Spanish (28.4%). There are also a number of people of English ancestry (22.8%), and residents who report Scottish roots (18.9%), and some of the residents are also of Mexican ancestry (12.5%), along with some Irish ancestry residents (8.8%), among others.
Getting to Work
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in neighborhood spend under 15 minutes commuting one-way to work (41.0% of working residents), one of the shortest commutes across America.
Here most residents (79.8%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
SCOUT’s patented match algorithm identifies the most similar neighborhoods to a subject location, and quantifies the similarity to the subject location. This allows analysts to identify the most similar neighborhoods in a local market area for appraisals, investments, and research.
The algorithm uses 273 neighborhood conditions, identifies the dominant dimensions underlying the conditions and calculates the similarity. This captures the true culture and character of locations, economic conditions, and trends.
The closer to 100% means the locations are nearly identical. 80% is a very good, but not excellent match, and so forth.
